$485,000
Active
8 Days Online
4 Beds2 Baths2,020 SQFT
Active

408 Ocean Avenue West Haven, CT 06516

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Don't miss out on this impeccably maintained 2-unit multi-family waterfront home! This property offers an exceptional opportunity for investors seeking rental income or homeowners looking to occupy one unit while earning rental income from the other. Upon entering each unit, you'll be greeted by hardwood floors that guide you through the inviting living spaces. The spacious living rooms in each unit provide ample room for relaxation and entertainment, while the adjacent kitchens shine with newer countertops, updated cabinetry, and stainless steel appliances. Each unit is equipped with its own washer and dryer, adding an extra layer of convenience. This home has seen significant improvements, including front and rear entrances, new roof sheeting and shingles (8 years old), boilers and water heaters (6 years old), and refinished hardwood flooring throughout. Parking is hassle-free with dedicated spaces at the rear of the home, accessed by Osborn Ave, and a deeded right of way over the empty lot behind 402 Ocean Ave. A major selling point of this property is its membership in a small and private HOA (dues $200/year). The green across the street is the HOA area, a stunning private lawn space extending from Ocean Ave to the sea wall, only 16 homes. This area is perfect for relaxation and outdoor activities, accessible to both owners and tenants. Located near highways, shopping centers, the University of New Haven, Yale University, beaches, and train statio, this property combines comfort and convenience. Current rents are well below market value with long-term tenants, presenting a fantastic opportunity for increased rental income. Seize this incredible opportunity to own a versatile and lucrative multi-family home in a prime waterfront location! A home sale package from the Association is available upon request.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyNew Haven
  • Taxes$7,612
  • HOA/Condo/Coop Fees$16
  • Days on Site8 Days
  • MLS StatusActive
  • MLS ID Number24026364
  • Home Size Source N/A
  • Year Built1905
  • Lot Size0.1 Acres
  • Full Baths2
  • Partial BathsN/A

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General Features

  • Style Units are Side-by- Side
  • Parking NoneOff Street ParkingDriveway
  • Parking Spaces 6
  • Sewer Public Sewer
  • Basement Crawl Space
  • Acreage 0.1
  • Water Public
  • Property Sub Type Duplex
  • Foundation Concrete Perimeter
  • Zoning R2

Interior Features

  • Cooling Window Unit
  • Heating Natural GasHot Water
  • Fireplaces 2
  • Laundry Features All Units Have Hook- Ups
  • Fireplace Yes

Exterior Features

  • Roof Asphalt
  • View Water View
  • Waterfront Property No
  • Waterfront Features Beach RightsWater CommunityView
  • Lot Level LotWater View

Community Features

  • Association Dues 200

Schools

School District
Unknown
Elementary School
Per Board of Ed
Middle School
Unknown
High School
West Haven

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Monthly Payment (Est.)

$2,548
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